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Hope Springs (movie)
Hollywood 'spec script' is making a comeback
Hollywood 'spec script' is making a comeback

Independent producer Lawrence Grey sold the screenplay for "Section 6" for $1 million after setting off a bidding war between the major studios. Six months later, in March, he sold the screenplay for "Winter's Knight" the same way, for the same price. The sales of the speculatively written properties, both of which Grey will produce, put Hollywood on notice that the "spec script" was on the rebound and reminded some executives of the 1990s, when $1-million-plus spec sales were common. Movie studios, then flush with money, were pumping out more than 20 films a year and constantly in search of new material. Specs were coveted because they enabled...

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